Optimal control of price and production in an assemble-to-order system

DOI10.1016/j.orl.2008.01.012zbMath1155.93041OpenAlexW2030511044MaRDI QIDQ1003508

Zhan Pang, Youyi Feng, Jihong Ou

Publication date: 4 March 2009

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.orl.2008.01.012

zbMATH Keywords

Markov decision processpricingassemble-to-order system

Mathematics Subject Classification ID

Related Items (6)

Production planning and pricing policy in a make-to-stock system with uncertain demand subject to machine breakdowns ⋮ A typology and literature review on stochastic multi-echelon inventory models ⋮ Assemble-to-order systems: a review ⋮ Optimal control of a continuous-time \(W\)-configuration assemble-to-order system ⋮ Analytical study on multi-product production planning with outsourcing ⋮ Ordinal optimization based metaheuristic algorithm for optimal inventory policy of assemble-to-order systems

Cites Work

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• Conditions for characterizing the structure of optimal strategies in infinite-horizon dynamic programs
• Optimal control of a simple assembly system
• Production and Inventory Control of a Single Product Assemble-to-Order System with Multiple Customer Classes
• A Stochastic Theory of the Firm
• Control and optimal control of assemble to order manufacturing systems under heavy traffic
• Inventory Rationing in a Make-to-Stock Production System with Several Demand Classes and Lost Sales
• Stock-rationing policy for a make-to-stock production system with two priority classes and backordering
• Order-Fulfillment Performance Measures in an Assemble-to-Order System with Stochastic Leadtimes
• Joint Management of Finished Goods Inventory and Demand Process for a Make-to-Stock Product: A Computational Approach
• Optimal Control of a High-Volume Assemble-to-Order System

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